J. MILLARD TAWES, Governor                     1239

to be collected according to law, to meet the interest on and principal
of said first installment of certificates. In addition to the taxes
hereinbefore specified for said first installment, until all of the
interest on and principal of any certificates hereafter issued under
this Act have been paid in full, there is hereby levied and imposed an
annual State tax on each $100 of assessable property at the rate
to be determined in the following manner; on or before Dec. 1,
1951, and on or before [December] May 1 in each [calendar] year
thereafter, the Board of Public Works shall certify to the govern-
ing bodies of each of the Counties and Baltimore City the rate
of State tax on each $100 of assessable property necessary to produce
revenue to meet all interest and principal which will be payable to
the close of the next ensuing [calendar] taxable year on all certifi-
cates (other than said first installment) theretofore issued or there-
tofore authorized by resolution of the Board of Public Works to
be issued, and the governing bodies of each of the Counties and
Baltimore City shall forthwith levy and collect such tax at such rate.
All matters committed by this Act to the discretion of the Board of
Public Works shall be determined by a majority of said Board.

Chapter 1 of the Acts of the Special Session of 1949

8.

The County Commissioners of the several Counties of the State
and the Mayor and City Council of Baltimore are hereby respectively
directed to levy the State taxes for the years 1951 and 1952 at
Three Cents (3¢) on each One Hundred Dollars ($100) of assessable
property, and for the year 1953 and all succeeding years until all
certificates issued under the authority of this Act are redeemed,
Fifteen Cents (15¢) on each One Hundred Dollars ($100) of assess-
able property to be collected according to law, to meet the interest
on the amount of said certificates outstanding, and also to meet
and redeem so much of the principal in each of said years as may
be represented by certificates redeemable in each year, respectively,
provided, however, that the levy or levies provided for in this Sec-
tion shall not be made and the said tax or taxes shall not be collected
in any year if before [January] May 1, of that year and before
the beginning of each year thereafter the Board of Public Works
shall ascertain as a fact upon a certified statement rendered to
such Board by the State Comptroller that all payments of principal
and interest payable in the current year on the certificates issued
pursuant to this Act have been paid, and that the funds required
for the payment of all principal and interest on such certificates
in the next succeeding year have been paid to the Comptroller from
the payments received from each of the Counties and the City of
Baltimore, as more particularly provided in Section 5 of this Act.
Upon the ascertainment of such facts by the Board of Public Works,
the Governor shall, by proclamation issued pursuant to a resolution
of the Board of Public Works, publicly declare that the State taxes
provided for in this section shall not be collected or levied in any
such succeeding year.

Chapter 412 of the Acts of 1951
6.

Until all of the interest on and principal of any certificates issued
under this Act have been paid in full, there is hereby levied and